Citi Foundation

Citi Foundation is a nonprofit organization based in the United States that focuses on addressing social challenges through financial services and products. It operates an Impact Investment Fund with a commitment of $200 million, which is used to make equity investments in U.S.-based private sector companies. These companies are selected for their innovative approaches to tackling pressing societal issues while achieving both social and financial returns. Additionally, Citi Foundation supports affordable housing projects, commercial developments, and community facilities aimed at benefiting low-income neighborhoods and populations. Through these initiatives, the foundation seeks to foster economic growth and improve the quality of life in underserved communities.

Bob Annibale

Global Director

Colleen Galvin

Senior Vice President - Community Development

Marshall Sitten

Vice President, Director of Communications and Service Design

Past deals in Grant

Vermont Slauson Economic Development Corporation is a non-profit organization. They provide business loans and financial services for businesses. Their economic resources to the community include access to capital, business planning, training, and development. They also provide financial advocacy for the communities.
Proviso Leyden Council for Community Action advocates for social change by promoting community development and empowering people through education, training and supportive services.

Cherehani Africa

Grant in 2017
Cherehani Africa is transforming the micro finance market by leveraging proprietary technology to deploy capital at a 3X efficiency. The business model combines technology and human touch to provide credit to women micro-entrepreneurs in rural and underserved areas. The model is built on top of the proven micro-savings groups structures. Cherehani also provides market information and financial education to its customers. The suite of information is disseminated via a proprietary web based platform and augmented by in-person field visits.